Which of the following statements about GDP is correct?
A) Nominal GDP values production at constant prices, whereas real GDP values production at current prices.
B) Nominal GDP values production at market prices, whereas real GDP values production at the cost of the resources used in the production process.
C) Nominal GDP consistently underestimates the value of production, whereas real GDP consistently overestimates the value of production.
D) Nominal GDP values production at current prices, whereas real GDP values production at constant prices.
Answers
Answered by
2
hєч thєrє!!!
αnѕwєr :-
d) íѕ thє cσrrєct σptíσn
αnѕwєr :-
d) íѕ thє cσrrєct σptíσn
limelight1726:
yeah dearie
Answered by
6
Heya mate
The answer of ur question is
♢ Nominal GDP values production at current prices , whereas real GDP values production at constant prices.
hope it helps
The answer of ur question is
♢ Nominal GDP values production at current prices , whereas real GDP values production at constant prices.
hope it helps
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